Managers of Wealth Offshore

Know Your Ongoing Bermuda AML/ATF Compliance Requirements

Compliance with Bermuda’s AML/ATF legal and regulatory framework requires registrants to adopt policies and procedures designed to prevent and detect money laundering

Football club founder banned by finance regulator

The ban means Mr Dewsnip will not be able to perform any function for Guernsey-based regulated companies such as investment funds, insurance firms or banks - but is not prevented from performing his current role.

Ambassador of Saint Kitts And Nevis To The United States Signs MOU With Liamuiga Oualie Arts Foundation

This MOU represents a supportive framework for higher education for young Kittitians and Nevisians

Guernsey investment funds show growth in 2024

This represents an increase of £6.9 billion (2.9%) and £2.8 billion (5.7%) respectively in the past year.

Dealing with consumer protection investigations from the Irish CCPC

Under regulation 5A of the 2022 regulations, retailers, when making a price reduction announcement, whether online or instore

Important changes to the BVI companies law

The changes are being made to ensure that the BVI meets evolving international standards and to maintain the reputation of the BVI as a leading offshore finance centre.

Cyber & IT Security Law and Regulation Guide 2025: Bermuda

The Cybersecurity Operation Centre will be established as the governmental resource to provide the technology and other resources necessary to support the National Cybersecurity Unit

Augmented Advocacy Series (Bermuda): PIPA and Anonymisation

Under PIPA personal information (PI) means any information about an identified or identifiable individual.

Bid to extend pause in withdrawal of local mortgage interest relief

This move would impact around 6,000 individuals, reducing tax revenues by £1m.

What steps should a Cayman fund take to comply with the new Cayman beneficial ownership regime?

Subscription documents should be updated to include details of registered particulars of investors

Money market report for the week ended October 25, 2024

Information on ECB monetary operations and the domestic Treasury bill market

Cayman Islands appointed one of two first-ever FATF guest members

The objective is to increase the voice of countries from regions that are underrepresented at the FATF membership level and enrich FATF policymaking and risk understanding through sharing regional perspectives.

Cayman Islands private client structures and beneficial ownership - changes of note

As a consequence of the New BO Regime a wider class of Cayman Islands entities will fall within scope of the reporting obligations.

Financial Services Authority sets out its strategic plans

The strategy, which has been shaped by feedback from Island firms to the 2023 industry survey

RA’s extended deadline for IRP comment nears

The regulatory body said it will also hold as many meetings as it deems necessary with the proponent of each alternative proposal

Pipa and anonymisation

Ligaya Sanchez-Wilson, Akira McDonald, Legally Speaking

Millbak Limited and Citrus Capital Global Limited

Therefore, any claims made by Millbak or Citrus Capital that any of the Jersey Registered Companies are regulated by the JFSC are false.

Bermuda regulatory update Q3 2024

This regulatory update outlines the latest sanctions imposed, amendments to investment business legislation

Litigation Against Decentralised Autonomous Organisations (DAOs): Navigating the Legal Frontier

Litigating against decentralised autonomous organisations presents novel challenges that test the boundaries of existing legal frameworks.

Meet 'Reggie' in beta - our AI-powered regulatory chatbot

The chatbot currently uses the regulatory codes of practice and the anti-money laundering, countering terrorist financing and countering proliferation financing handbook as its source material.

Regulation, Risk & Compliance